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China Commits to Ensuring Stability of Global Industrial and Supply Chains

November 26, 2024 2 min read
author Anamika Mishra, Sub Editor
China is committed to taking concrete actions to maintain the stability and flow of global industrial and supply chains, Premier Li Qiang affirmed on Monday. Li made these remarks during a symposium with representatives from various enterprises and organizations attending the upcoming second China International Supply Chain Expo. Among the attendees were representatives from Apple Inc., Rio Tinto, Contemporary Amperex Technology Co. Ltd., and the US-China Business Council, among others. Corporate leaders expressed strong confidence in the Chinese economy and optimism about the vast potential of the Chinese market. They stated that foreign companies operating in China are eager to expand investments, deepen their presence in the country, and strengthen cooperation on global industrial and supply chains to achieve mutually beneficial outcomes. Li emphasized that economic globalization has led to the gradual expansion of global industrial and supply chains over the past few decades, driving rapid global economic growth and benefiting all involved parties. However, he noted that the current lack of momentum in global economic growth,

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